PSE index closed flat Thursday ahead of US inflation report

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The 30-company Philippine Stock Exchange index closed at 6,263.06, while the broader all-shares index retreated 0.03 percent to settle at 3,383.41.

Philstocks Financial Inc. research analyst Mikhail Plopenio said investors took positive cues from Wall Street overnight amid the decline of the US long-term treasury yields.“Heavy selling at the last minute trimmed gains before the session’s close as investors took caution ahead of the release of US September inflation figures” Plopenio said.MGen Renewable Energy Inc. said Thursday it signed an agreement with SP New Energy Corp. and its parent...

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